Archive for the ‘Retail’ category
Thorough research and on-the-ground experience is key to understanding and unlocking Africa’s complex consumer market.
In order to gain success in African markets, multinational companies need to become truly local.
“The market is huge and there really is space for everyone,” says Zashadu Bags founder.
Restaurant company targets East Africa’s growing middle class with seafood chain.
Last year’s terrorist attack in Kenya’s capital has had an adverse effect on businesses operating in the shopping centre.
After a decade of little growth, Gaïcha Saddy is positively surprised by recent development projects in Niger.
Israeli-owned Artcaffé in joint venture with Kenyan coffee shop Dormans.
“We see great potential in Ethiopia and we see that we can contribute to jobs and reduce the unemployment in the country.”
Nigerian online shopping platform Jumia lists its 10 top selling products for 2013.
Investing in and empowering his employees has allowed this entrepreneur to focus on growing his business.
Despite Woolworths’s failure, there are big opportunities for South African retailers in Nigeria.
Ethiopia, Africa’s second most populous country with an estimated 90m people, has thousands of small and medium enterprises (SMEs) but only a few of these businesses are currently accessing the international market.
African companies are creating products specifically for consumers on the continent.
Woolworths may not have succeeded in Nigeria, but many other South African retailers are doing well.
Recent violence in South Sudan could erase much of the country’s progress since independence.